Flushing Two-Family
For Sale
$1,299,888
Pending
136-43 58th Rd, Queens, NY 11355
Two-family home in Flushing, close to amenities and transportation.
Property Size1,488 SF
Lot Size0.07 Acres
Days on Market313
Property Features for 136-43 58th Rd
General Information
Standard status
Pending
Size
1,488 SF
Lot size
0.07 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$7,167
Building Details
Building Size
1,488 SF
Year Built
1925
Listing Agency:
Laffey Real Estate
Listed By:
Philip C Laffey · License #10491206601
(516) 626-1500
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 2
Last Checked: Oct 5 at 6:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Laffey Real Estate
Investment Insights
Based on property information with market context.
This two-family home is located in Flushing. The first floor, which includes the basement, features 2 bedrooms, 1 full bath, and a half bath. The second floor includes an attic, 2 bedrooms, and 1 full bath. The property is situated close to Main Street and Booth Memorial Avenue, near a hospital, public transportation, a park, shopping, and schools. Bus service to the #7 Train to Manhattan is available. The location is described as a desirable area of Queens Borough Hills.
Key Highlights
- Prime location in the desirable Queens Borough Hills.
- Two‑family home, offering potential for rental income or multi‑generational living.
- Convenient access to Main Street and Booth Memorial Avenue.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,373
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,460
$727.5K
Cap Rate 7%
$519,614
$519.6K
Cap Rate 9%
$404,144
$404.1K
Market Conditions
NOI Build-Up for 1,488 SF
Gross rent
$68.7K $46.20/SF
− Vacancy
−$2.6K −$1.76/SF
EGI
$66.1K $44.44/SF
− OpEx
−$29.8K −$20.00/SF
NOI
$36.4K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,460
Cap Rate 7%
$519,614
Cap Rate 9%
$404,144
Alternative Uses
Best Use
Apartment 5plus
$519.6K
$454.7K – $606.2K
NOI $36,373 @ 7.0% cap · market cap 2.80%
Second Best
Multifamily LT 5
$351.8K
$307.9K – $410.5K
NOI $24,629 @ 7.0% cap · market cap 1.89%
Theoretical Best
Office A
$1.10M
$959.9K – $1.28M
NOI $76,788 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,359
Businesses Nearby
Explore this area
Business Placement
Demographics for 11355, NY
89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family home in Flushing, close to amenities and transportation.
Where is this duplex located?
The property is located at 136-43 58th Rd Queens, NY.
What is the asking price?
The asking price for this property is $1,299,888.
What are key features of this property?
This property features: Prime location in the desirable Queens Borough Hills.; Two‑family home, offering potential for rental income or multi‑generational living.; Convenient access to Main Street and Booth Memorial Avenue.
